Tuesday, September 1, 2009

The site of a new entertainment complex and arena

CBC News from Aug 27/09

"Edmonton Oilers owner Daryl Katz has purchased land in downtown Edmonton which could be the site of a new entertainment complex and arena that will replace the aging Rexall Place.Documents obtained by CBC News show the land at the corner of 101st Street and 104th Avenue was bought on June 24 by Edmonton real estate company Western Asset Mangement, then later sold to the Katz Group. The land is the current site of the Baccarat Casino.

The Rexall pharmacy billionaire, who is based in Edmonton, has also purchased an adjacent block of land on the south side of 104th Avenue — the parking lot across the street from the Greyhound Bus terminal."